US-India Trade Deal Boosts India's Asia Standing, Says ANZ Economist

• Interim India-US trade framework improves India's market positioning and could revive foreign investor interest, according to ANZ Research's Richard Yetsenga.
• The trade deal puts India "back with the pack" from a tariff perspective, enhancing its regional standing.
• Future performance against other emerging markets hinges on the global AI investment cycle, which is expected to be less robust this year.
• Markets will become more selective, seeking tangible economic returns over broad thematic exposure, unlike Taiwan's 50% export surge last year.
• US economy shows mixed signals: activity holds up, but labor market weakens and inflation remains sticky; Fed expected to ease policy cautiously.